Tag: trend

How to Trade Long Tailed Pin Bar Signals on Daily Charts I often get asked if I have a favorite price action chart pattern to trade, and the answer is yes, yes, I do. Today’s lesson is about that chart pattern, it’s what I call my ‘deserted island strategy’ because if I were stranded on a deserted island and could only pick one trading strategy or signal, it would be the one I am going to share with you today, long-tailed pin bar strategy. Pin bars, in general, are my…

The Simplest Forex Trading Strategy in the World If someone asked me to describe my trading strategy in as few words as possible, it would be this; horizontal levels and price action. Indeed, trading price action setups from horizontal levels is the “core” component of my trading theory and strategy, and if you were to take away only one thing from my website it would be that you can learn to trade the market effectively by simply drawing the core levels on your charts and waiting for obvious price action signals to form around…

Differences between Scalping and Swing Trading strategies. Many people participate in the stock markets, some as investors; others as traders. Investing is done with a long term view in mind – years or even decades. Trading, meanwhile, is done to pocket gains on a regular basis. There are many sub categories of traders. One of the common ways to distinguish them is the “time period” for which traders hold a stock, which can vary from few seconds to months, even years. Some of the popular trading strategies are day trading, swing trading, scalping…